| SPY latest price $217.6400 (-0.25%) ($217.2300 - $218.4000) on Wed. Aug. 10, 2016. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 0.81% (three month average) |
RSI | 59 |
Latest Price | $217.6400(-0.25%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | SPY advances 0.1% a day on average for past five trading days. |
Weekly Trend | SPY advances 0.3% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support SPY advance at 0% a week (0% probability) IVW(97%) IWF(96%) IVE(94%) IWD(94%) QQQ(91%) |
Factors Impacting SPY price | SPY will decline at least -0.405% in a week (0% probabilities). VIXM(-24%) TLT(-21%) UUP(-16%) IPO(-8%) IGOV(-4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.405% (StdDev 0.81%) |
Hourly BBV | 0 () |
Intraday Trend | -0.3% |
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